Leading Indian electric two-wheeler (e2W) companies have said that “swapping” of batteries is currently unviable and will only increase the cost for a consumer to run the vehicle. IMAGE: A man waits while recharging his Ola electric scooter at an
Wholesale price inflation rose to 2.37 per cent in December 2024, led by spike in manufactured products even though prices of food items eased, government data released on Tuesday showed. Photograph: Danish Siddiqui/Reuters The Wholesale Price Index (WPI) based inflation
Brokerages on DMart Q3 results: Avenue Supermarts (DMart) shares slipped as much as 5.74 per cent to hit an intraday low of Rs 3,474 per share on Monday. Photograph: PTI Photo from the Rediff Archives However, the stock recovered slightly
Retail inflation slowed to a four-month low of 5.22 per cent in December compared to 5.48 pc in November, mainly due to easing of prices in food basket, according to government data released on Monday. Photograph: Danish Siddiqui/Reuters The inflation
Investors lost Rs 24.69 lakh crore in market valuation in the last four days of severe drubbing in the equity market. Spike in global crude prices, unabated foreign fund outflows, a strong US jobs data diminishing early rate cut expectations,
Asset management companies launched 239 new fund offerings (NFOs) mobilising Rs 1.18 lakh crore in 2024, with sectoral or thematic equity funds emerging as the top choice of investors, according to a report by Germinate Investor Services Research. This was
Indian real estate sector saw more land deals in 2024 at over 2,200 acres as developers were looking to expand the business, according to CBRE. Image used for representation purpose only. Photograph: Daniel Acker/Reuters Real estate consultant CBRE data showed
Most global as well as domestic brokerages are upbeat on India’s largest IT services provider, Tata Consultancy Services (TCS), despite its performance during the December quarter of FY25, when it missed Street estimates. Photograph: Francis Mascarenhas/Reuters On the bourses, the
Actors Madhuri Dixit, Amrita Rao, and Bollywood producer Gauri Khan are among celebrities who bought shares of travel tech platform OYO over the past few months. Photograph: Vijay Mathur/Reuters Gauri Khan bought 2.4 million shares of OYO during the recent
The new business premium (NBP) of life insurance companies dropped 21.7 per cent year-on-year (Y-o-Y) to Rs 30,218.71 crore in December 2024 on the back of a steep fall in business. According to data published by the Life Insurance Council,
